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Short video review: Top 10 highlights from the Nashville Convention
Azuma
Odaily资深作者
@azuma_eth
2024-07-29 09:15
This article is about 1028 words, reading the full article takes about 2 minutes
Listen to Trump shouting: NEVER SELL YOUR BITCOIN.

Original author: Luke Martin

Compiled by: Odaily Planet Daily Azuma

The 2024 Bitcoin Conference was held in Nashville, Tennessee from July 25 to July 27 local time in the United States. Due to the attendance and speech of former US President Trump, the attention of this conference can be described as "the focus of all attention."

In the early hours of Sunday morning, Odaily Planet Daily had already used 10,000 words to write the full text of Trump's 40-minute speech ( "Full text of Trump's speech at the Bitcoin Conference: Will establish a strategic reserve of Bitcoin and fire Gary Gensler" ). In order to help everyone feel the atmosphere of the conference more intuitively, Odaily Planet Daily will select the top ten most exciting moments of the Nashville conference from the multiple wonderful video clips posted by cryptocurrency researcher Luke Martin.

Highlight Moment 1|Kennedy Jr.: I want the US to buy 550 BTC every day

Presidential candidate Robert F. Kennedy Jr. said in a speech at the conference that if he is elected president, he will sign an executive order instructing the U.S. Treasury to purchase 550 bitcoins per day until the reserve holds 4 million BTC. This action will push the valuation of BTC up to hundreds of trillions of dollars.

Highlight 2|Kennedy Jr.: Bitcoin transactions should not be taxed

Robert F. Kennedy Jr. said in a speech at the convention that (if elected president) he would ask the IRS to completely change the way it handles Bitcoin transactions. All transactions between Bitcoin and US dollars do not need to be reported and taxed.

Highlight 3 | Michael Saylor: In 2045, BTC could rise to $49 million

Michael Saylor, founder of Micro Strategy, predicted the price of Bitcoin in 2045 at the conference.

In a bear market, it could reach $3 million.

Typically, it could be more than $13 million.

In a bull market scenario, it could reach $49 million.

Highlight 4 | BlackRock executives: ETF investors are all “diamond hands”

Robbie Mitchnick, head of digital assets at BlackRock, said at the meeting that almost all buyers of the ETF (IBIT) are investors who choose to hold after buying, and testified that IBIT had only one day of net outflows in the past 6 months.

Highlight 5|Senator Lummis: The United States should buy 5% of BTC

U.S. Senator Cynthia Lummis said in a speech at the conference that the U.S. government should buy 5% of the total supply of BTC and hold it for at least 20 years. If this happens, Michael Saylor 's prediction is expected to come true.

Wonderful Moment 6|Trump: On the first day of taking office, I will fire Gary Gensler (The following are all Trump’s show time)

Trump said at the convention, "On the first day of my presidency, I will fire Gary Gensler."

Highlight 7|Trump: The United States will become a Bitcoin superpower

Trump stated at the conference that the United States will become the global cryptocurrency capital and the Bitcoin superpower of the entire world.

Highlight 8|Trump: I will end the suppression of the cryptocurrency industry

Trump said at the conference that he would end the current government's stifling of the cryptocurrency industry-"Your government will no longer watch Bitcoin-related jobs and businesses flow to other countries."

Highlight Moment 9|Trump: I will release Ross Ulbrich

Trump announced at the conference that he would release Silk Road founder Ross Ulbrich, ending Ross's 11-year prison sentence.

Wonderful moment 10|Trump: Never sell your Bitcoin

Trump said at the conference, "NEVER SELL YOUR BITCOIN" and the US government will hold 100% of all its bitcoins and establish a strategic reserve of bitcoins.

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